Tax hikes will not threaten Sydney property market
While Sydney will see the imposition of a 4% stamp duty surcharge on foreign homebuyers next week, Jalin Realty International does not see this as the biggest challenge to Sydney’s property market.
DONE DEAL: Warehouse at Jalan Bukit Kemuning, Selangor
Sold for: RM3.47 million (RM110 psf); Concluded by: Vincent Lim (REN 19076) of Full Homes Realty Sdn Bhd (012-356 4138); When: May 2016
Mah Sing targets RM1.8b launches in 2H2016
Mah Sing Group Bhd will be launching RM1.8 billion worth of properties — mostly in the affordable category — in the second half of this year.
Specialised malls – carving a niche for themselves
These include Low Yat Plaza, which focuses on IT, digital and mobile phone technology and gadgets, and Viva Home Shopping Centre, which focuses on home furnishings and furniture. Both malls are in Kuala Lumpur.
EcoWorld and Cascara JV to develop new RM8.5b township next to Setia Alam
Eco World Development Group Bhd (EcoWorld) today entered into a joint venture (JV) with Cascara Sdn Bhd to develop Eco Ardence, a freehold 533.92-acre luxury township with an estimated gross development value (GDV) of RM8.5 billion, next to Setia Alam.
Prime Central London property price up 4.7% in 1Q
“Demand is being driven by record lows in mortgage rates, as highlighted by the Bank of England, and beneficial falls in basic rate stamp duty,” said specialist residential investment advisors London Central Portfolio Ltd.
IJM Land launches “Beli Rumah, Jom Umrah” campaign
IJM Land Bhd officially unveiled its “Beli Rumah, Jom Umrah” campaign, where Bumiputeras can purchase IJM homes in Seremban and receive an all-inclusive Umrah trip for two worth RM22,000.
